Adam Schefter Breaks Surprising News on L'Jarius Sneed Trade

Chiefs CB L'Jarius Sneed has been at the center of trade rumors throughout the 2024 NFL offseason. While a deal looked close to happening last week, inside Adam Schefter had a surprising update on Monday.
It turns out that a L'Jarius Sneed trade might not happen after all.
It turns out that a L'Jarius Sneed trade might not happen after all. / Jay Biggerstaff-USA TODAY Sports

Kansas City Chiefs fans have been refreshing their social media pages over the last few weeks, searching for updates regarding a potential L'Jarius Sneed trade.

At one point, it looked like it was all but guaranteed that Sneed was being sent to the Indianapolis Colts. After all, Colts insider Destin Adams reported on Saturday that Indianapolis and Kansas City were "ironing out the final details on a trade" and that a couple of draft picks were being sent back to the Chiefs.

However, it wasn't long after Adams' report that fellow Colts beat writer Mike Chappell reported that "nothing's going on" when it came to a potential deal between the franchise. In other words, it's unsurprising that Chiefs fans would love to know exactly what's going on with the elite cornerback.

Fortunately, one renowned NFL insider shared a much-needed update on Monday.

Chiefs Rumors: L'Jarius Sneed Trade With Colts "100% Not Happening"

ESPN's Adam Schefter appeared on Monday's episode of the Pat McAfee Show to discuss a potential Sneed trade. Schefter didn't waste any time dismissing the rumored Chiefs-Colts trade, saying that "the two sides haven't had any conversations."

McAfee was in disbelief upon hearing the revelation, asking Schefter if the update was "real." While the NFL insider did say that things could change down the road, a deal is "100% not happening."

Although a trade with the Colts might not happen, Schefter did clarify that the Chiefs have been holding trade discussions with other teams. It isn't too surprising to hear that given that the Tennessee Titans — one of the Colts' AFC South rivals — have also been linked to Sneed.

But regardless of what teams Sneed has been linked to, Schefter also added that there's a chance he could remain in Kansas City on the $19.8 million franchise tag that was placed on him this month.

"The Chiefs have no problems playing with [Sneed] on that [franchise] tag. He wants a long-term deal, so it's up to him and his agent to see if they can help broker a deal and structure something to get him the long-term security that he wants. "

Adam Schefter

If winning a third consecutive Super Bowl is the goal next season, it's easy to see why the Chiefs wouldn't mind Sneed sticking around. The 27-year-old shutdown specialist was terrific again for Kansas City last season, allowing only 42 receptions on 81 targets (51.9%) for 406 receiving yards without a touchdown and a 55.9 passer rating.

If Sneed is content with playing on the franchise tag, we may not get closure on this situation until next year. Teams usually only have until July to sign franchise-tagged players to multi-year extensions and the last thing the franchise and player want is for contract discussions to create a distraction in training camp.

Assuming that Sneed doesn't go anywhere, the Chiefs going on a three-peat looks promising. DraftKings Sportsbook currently lists Kansas City as having the second-best Super Bowl LIX odds heading into next month's NFL Draft.

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